Economy

The Tel Aviv District Court criticized Meta regarding the 26 million shekel lawsuit filed by Bank Leumi, ordering the company to submit its response by September 2.

In the second quarter, Shufersal shows erosion in most key parameters, with a decline in revenue and net profit, which dropped by over 30%. Sales in same-store locations fell by 8.5% for the quarter.

About half of Israel's senior citizens live without a pension, and tens of thousands continue to work at an advanced age: the shuttle driver who returns to the road after two surgeries, the security guard who travels every evening from the north to the center, and the 75-year-old factory worker. "People don't work at these ages because they are bored. They work because they have no choice."

The state is returning to serve as the insurer for Israeli foreign trade. The Ministry of Finance and the Tax Authority announced that the program for insuring cargo against war and terror risks will be reactivated starting September 1, 2026.

David Zinsner, Intel's CFO, revealed that as part of the organizational change led by Lip-Bu Tan, the company has reduced its management layers from 12 to 6 and the number of vice presidents from approximately 450 to 200.

The Ramat Gan Municipality has published a tender for the sale of a plot in the Diamond Exchange District, with a minimum price of 32 million shekels. The Society for the Protection of Nature in Israel (SPNI) has filed a petition with the Supreme Court against the metropolitan recreation area plan in the Shefela region. Also: Donitz Brothers and Dan Real Estate have signed a memorandum of...

David Tisch, heir to a New York wealth dynasty and a sports card collector at heart, refused to follow the rules of the big funds. Now, as the company he invested in was acquired for $60 billion in the largest venture deal in history, his low-profile approach is beating the Silicon Valley giants.

An audit at the Best group revealed that 2.2 million shekels from a subsidiary were used to pay for private property work for controlling shareholders. The company will restate its 2025 and Q1 2026 financial reports.

Nvidia's second-quarter report shows the company remains on an acceleration path. The most significant constraint on its growth is not customer demand, but supply chain limitations.

An internal audit at the Best Group has changed the picture: the amount attributed to the controlling shareholders has tripled compared to the first report. The company will now restate its financial statements for 2025 and the first quarter of 2026, the same reports that were included in the IPO prospectus.

The global food supply is at risk due to the approaching super El Niño phenomenon. These are the main ways to invest in agricultural commodities and the financial traps that might surprise you.

The hotel arm led Israel Canada to a half-year loss of 36 million shekels, despite a shift to profit in the second quarter. In the Rainbow project in Sde Dov, only 7 apartments were sold in the half-year, with a decrease in price per meter and a lowering of the profit forecast. The company presented the financing plan for the Acro deal and estimated that the exposure from the favorable payment...

Although Nvidia stopped separately disclosing the revenues of its Israeli communications division, data revealed in the investor call point to sales of about $17.5 billion in the second quarter. The activity, based on Mellanox technologies, continues to account for about 18% of the company's revenues and contribute significantly to the growth of the Israeli economy.

Vehicle importer Dalhom is preparing to acquire the direct import franchise of the bankrupt Automax. The deal, outlined in documents sent to creditors, includes a rehabilitation plan that exempts the buyer from past debts.

The Egged Group and Auto Chen are establishing a joint venture with the Chinese transport giant CRRC. This move will bring next-generation transport to Israel's roads, ranging from electric minibuses to 26-meter-long mega-buses, alongside a full import and maintenance system. The deal is subject to approval by the Competition Authority.

Is the situation "critical" as the employees claim, or just "severe" as the CEO says? The truth is that it does not matter how the crisis is defined, because it is clear to everyone that the German luxury company Volkswagen is at an unprecedented low. What is on the agenda? Massive layoffs, factory closures, and a continued inability to cope with the changing automotive market.

Half-year data points to a high average of sales. The first quarter was stronger, but the company moved from a net loss last year to a profit, with revenues also rising compared to 2025. The average price in Sde Dov remains high.

The cyber company beat analyst forecasts for revenue and profit, raised its guidance for the rest of the year, and attributed the growth specifically to the growing fear of artificial intelligence capabilities. What is behind the 67% rally since the beginning of 2026 - and does the stock price already reflect all the news?

Dr. Yehudit Richter reveals on Kan 11 the days when she was belittled in boardrooms, the moment she was humiliated by the manager of a medical device giant, and the historic $750 million compensation.

The real estate company controlled by Rami Ungar will acquire the high-tech entrepreneur's rights in a joint project in Ness Ziona by assuming a debt of about a quarter of a billion shekels and waiving a debt Landa owes it. Last year, Vitania wrote off 80 million shekels following the collapse of Landa's printing business.

Expanding massively: The "Matuka" group is acquiring the veteran brand "Jacobs Bakery" in a deal estimated at approximately 4 million shekels. As part of the move, the group is entering the bread production field for the first time and establishing a series of new branches across the country, including at Ben Gurion Airport.

After a sharp jump in fuel prices this month, the cost is expected to drop in September by approximately 25 agorot to 7.84 shekels per liter. The final price will be determined on Sunday morning based on oil prices and the dollar exchange rate.

A heavy blow for the American retail giant: the chain was forced to urgently remove an offensive children's clown costume and issue a public apology after facing backlash for its resemblance to racist caricatures. The immediate damage: a drop in stock and a $2.95 billion wipeout.

The former Hanan Mor company, Tsilu Blue, will distribute a first dividend of six million shekels and carry out a share buyback of ten million. Recall that only in March, Tshuva and Zvida decided to increase their holdings in the company. Zvida: "We have confidence in the company's ability to generate value for shareholders."

Dramatic change at Azrieli Malha Mall: the fast-food court on the third floor is closing to accommodate the relocation of a "Toys R Us" branch. While "Hummus Eliyahu" is leaving the complex, the "Katsefet" chain is looking for a new location.

The sale price in the contract is just the beginning, and it is offset by recognized deductions, a single apartment exemption of up to 5,008,000 shekels, and a beneficial linear calculation for older apartments. The traps that increase the bill.

Two credit points for 36 months are worth up to 5,808 shekels annually, but many discharged soldiers fail to utilize them because their initial income is below the tax threshold. Significant overpayments often occur due to lack of tax coordination between multiple jobs, but these funds can be reclaimed for up to six years.

Ezra (Gad) Cohen, founder of Gad Dairies, discusses his business journey, the company's IPO, and future growth strategies. Despite his initial reluctance to go public, he took the step to fund a new, centralized production facility.

The infrastructure fund Aluma plans to change its compensation model and seeks to extend the agreement with the management company, which expires in November. It is also expected to distribute dividends for the first time and launch a share buyback program.

The Bank of Israel lists four types of payment cards, and the difference between them determines whether you are paying with your own money or borrowing at interest. What each one does, and how much it adds up to in shekels.

Donitz has signed a non-binding memorandum of understanding to merge with Dan Real Estate. Upon completion, Dan's shareholders will hold approximately 33% of the combined company's shares.

NVIDIA is reportedly nearing a $12.9 billion acquisition of Hugging Face. This deal would allow the chip giant to expand its influence beyond hardware and into the core of the global AI development ecosystem.

Donitz Elad will receive 100% of Dan Nadlan shares in exchange for share allocation. The Value LBH fund will hold about 16% of Achim shares, while other Dan shareholders will collectively hold 17% of the company's shares.

The banking index rose 2.45% and the defense index plummeted about 4% on the same day — two opposite stories that the broad index hides. How an index is calculated, why entering it ignites huge demand at the closing auction, and what each sectoral index tells those who want to understand the stock market.

The Bank of Israel interest rate stands at 3.5%, deposits and money market funds still provide a decent return, but many mortgages cost 5% or more; on 200,000 shekels, the gap can reach thousands of shekels per year - and there are also considerations of tax, early repayment fees, and liquidity.

The National Insurance Institute announces that long-term benefits will be distributed tomorrow to eligible recipients. These include old-age pensions, survivor benefits, disability, mobility, and nursing care payments. The institution is also introducing a new digital service to simplify the process of exercising rights.

Jes Staley admitted that he passed confidential JPMorgan information to Jeffrey Epstein, including data on transactions and the 2008 financial crisis. He even warned him that the bank had classified him as a "high-risk client." According to Staley, he was unaware of Epstein's criminal activity.

The company has joined the trend of developer promotions with promises of returns up to 52% in the first two years. We analyzed the real value of this discount and who truly benefits from this arrangement.

One of the leading discount chains in Israel is making a surprising move and offering a range of sought-after home appliances, including Ninja and office refrigerators, at huge discounts in a specific branch.

Quantum computers are not yet capable of hacking Ethereum, but developers are already preparing for the day when it becomes possible. Will the world's largest smart contract network manage to stay ahead of the threat?